2. Finance

# Question: 1 your client buys 10 shares of stock at time...

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1)

Your client buys 10 shares of stock at time 0 for $49 per share. At time 1, he receives a dividend of$3 per share, and buys another 10 shares at the new price of $50 per share. At time 2, he receives a dividend of$3 per share, and sells his entire holding of stock for $58 per share. What was the client's money-weighted (dollar-weighted) annual return on this position? Enter answer as a percentage, accurate to two decimal places. 2) Your client buys 10 shares of stock at time 0 for$45 per share.

At time 1, he receives a dividend of $1 per share, and buys another 10 shares at the new price of$46 per share.

At time 2, he receives a dividend of $1 per share, and sells his entire holding of stock for$53 per share.

What was the client's time-weighted annual return on this position?

Enter answer as a percentage, accurate to two decimal places.